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Problem 13-28 (Part Level Submission) Kate Petusky prepared Addison Controls? balance sheet and income statement for 2013. Before she could complete the statement of cash
Problem 13-28 (Part Level Submission)
Kate Petusky prepared Addison Controls? balance sheet and income statement for 2013. Before she could complete the statement of cash flows, she had to leave town to attend to a family emergency. Because the full set of statements must be provided to the auditors today, Addison?s president, Lance Meyers, has asked you to prepare the statement of cash flows. Meyers has provided you with the balance sheet and income statement that Petusky prepared, as well as some notes she made:
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Using the direct method, prepare Addison Control?s statement of cash flows for 2013.(If amount decreases cash flow then enter with a negative sign preceding the number or parenthesis, e.g. -15,000 or (15,000).)
Addison Controls Statement Of Cashflows For The Year Ended December 31,2013 | |
Change in cashCash, beginning balanceCash flows from operating activitiesCash flows from financing activitiesCash, ending balanceCash flows from investing activities | |
Payments for income taxesCollections from customersSale of equipmentPayments to suppliersIssue bondsPayments for operating expensesPurchase of equipmentCash dividends on common stockPayments to employees | $ |
Sale of equipmentCollections from customersPayments for income taxesPayments to employeesIssue bondsPurchase of equipmentCash dividends on common stockPayments for operating expensesPayments to suppliers | |
Payments to employeesPayments for operating expensesPayments for income taxesPayments to suppliersPurchase of equipmentCollections from customersSale of equipmentCash dividends on common stockIssue bonds | |
Purchase of equipmentPayments for operating expensesPayments for income taxesCollections from customersCash dividends on common stockPayments to suppliersSale of equipmentPayments to employeesIssue bonds | |
Cash dividends on common stockSale of equipmentPurchase of equipmentPayments to employeesIssue bondsCollections from customersPayments to suppliersPayments for operating expensesPayments for income taxes | |
Net cashprovidedusedbyinvestingfinancingoperatingactivities | $ |
Cash flows from operating activitiesCash, beginning balanceCash flows from financing activitiesCash, ending balanceChange in cashCash flows from investing activities | |
Payments to employeesPayments for income taxesCollections from customersIssue bondsCash dividends on common stockPayments to suppliersPayments for operating expensesSale of equipmentPurchase of equipment | |
Payments for income taxesPayments to suppliersCash dividends on common stockPayments for operating expensesIssue bondsPayments to employeesSale of equipmentPurchase of equipmentCollections from customers | |
Net cashprovidedusedbyfinancingoperatinginvestingactivities | |
Cash, ending balanceChange in cashCash flows from financing activitiesCash, beginning balanceCash flows from operating activitiesCash flows from investing activities | |
Payments to employeesPurchase of equipmentSale of equipmentCash dividends on common stockCollections from customersPayments to suppliersPayments for operating expensesIssue bondsPayments for income taxes | |
Payments to suppliersCollections from customersPayments for operating expensesPayments for income taxesPayments to employeesSale of equipmentPurchase of equipmentIssue bondsCash dividends on common stock | |
Net cashusedprovidedbyinvestingoperatingfinancingactivities | |
Cash flows from operating activitiesChange in cashCash, beginning balanceCash, ending balanceCash flows from investing activitiesCash flows from financing activities | |
Cash, beginning balanceCash, ending balanceCash flows from operating activitiesChange in cashCash flows from investing activitiesCash flows from financing activities | |
Cash, ending balanceChange in cashCash flows from operating activitiesCash, beginning balanceCash flows from investing activitiesCash flows from financing activities | $ |
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